Ghana’s Capital Bank partners with MoneyGram

MoneyGram has deepened its reach in Ghana’s busy remittances market with a new partnership with Accra-based Capital Bank, its fifth alliance with a major financial institution in the country.

Capital Bank, with 22 branches nationwide, will add MoneyGram to existing remittance services it offers, including Ria, according to a Feb. 16 announcement. The bank plans to integrate MoneyGram with its ATMs and mobile wallets, said Rev. Fitzgerald Odonkor, Capital Bank’s managing director, in a press release.

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